The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
Market Cap 6.9 Billion Up a cool 2,600% before a RSI Bearish Divergence + the "Incredible Sell" , price retraced to the 0.5 fib level, before rallying again to its high of $55. Price has since corrected 88% and finds itself in the Golden Pocket. We also have our first "Incredible Buy" Signal + Stochastic Oversold. Does that mean the bottom is in? Don't know, I...
DOT has been rising strongly since Tuesday, after it had previously re-entered our orange Target Zone (between $6.58 and $4.85). We currently locate the coin in the orange wave (iii) and expect a break of the resistance at $8.50 next. This should then provide further bullish momentum. We anticipate the high of this movement only well above the top of the green wave B.
Since I posted a chart on the dotusdt pair showing the double bottom and the bearish head and shoulders pattern, I also wanted to post a polkadot idea that showed the bigger inverse head and shoulders pattern thats still very much in play as well. We can see how dot did a very convincing fake breakout above the neckline before dipping back down below it. It’s...
It was requested in the comment section of a previous chart I posted what I thought about the DOTUSDT chart so here I am taking a look at it on the weekly chart. We can see here how as soon as polkadot reache its full double bottom breakout target that it began a big correction…in doing so here it completed a head to a potential head and shoulders pattern and...
We had to reassess the situation with DOT on the daily chart and have concluded that we are still not seeing the completion of Wave (2). Why is this the case? Because the correction downward following what we assume to be Wave (2) is too brief in duration to be considered a Wave 2. However, the upward movement towards Wave B was surprisingly strong. Since we have...
Moonbeam aka SEED_DONKEYDAN_MARKET_CAP:GLMR which is a #POLKADOT BINANCE:DOTUSD ecosystem coin is still down nearly 99% with only max 8 months of this cryptocurrency bull cycle left. Moonbeam is a failed project, as is #DOT. Nobody cares about either of those coins or any other coin within that ecosystem. The failure for the price to rally while the rest of...
Another perk from me. You are welcome. Do with this what ever you want, just be smart.
- So i predicted many times that 4.30$ was the bottom. - And i was wrong, Polkadot is still young. - Trading Altcoins is like that, it's really hard to predict a perfect bottom with a new project. - it's much more easy with BTC because TheKing volumes are high and it stays around from many years already. - Remember that Trading is trying to predict the future...
📊Analysis by AhmadArz: 🔍Entry: 7.370 🛑Stop Loss: 6.927 🎯Take Profit: 7.692 -8.102 -8.443 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
DOT - WEEKLY - TIME TO BUY Good opportunity to buy from 5.7 to 7
The price of DOT is currently in a correction phase and has reached the first support zone. Be aware that if we observe the emergence of strong bullish patterns in the daily timeframe, there is a possibility that the price may move towards the second resistance area. Additionally, if the current support zone is lost and breaks downward, the price may continue to...
* What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
📊Analysis by AhmadArz: 🔍Entry: 8.893 🛑Stop Loss: 8.512 🎯Take Profit: 9.304-9.688 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Polkadot (DOTUSD): BINANCE:DOTUSD For Polkadot, we are setting our entry on the daily chart for a potential Wave 2. We expect it to reach between 61.8% and 78.6% because we don't believe the correction has been completed yet. We're leaning towards the idea that we're dealing with a Wave ((a)), as a closer look suggests we're seeing a five-wave downward...
Moonbeam is a prime example of a dead project. It is down 99% since its all-time-high and there are no signs of life to be found: the marketing team isn't producing any new content, it is not mentioned by @polkadot CRYPTOCAP:DOT , and its price is still down 99% from its all-time-high despite crypto having experiences a massive surge. Fact: moonbeam is dead and...
Polkadot (DOT) has also fell below the 20-day EMA & 50-day EMA on April, 2nd. Previous support level for DOT has been broken at: $8.67. A daily candle is going to close bellow this support level and both EMA's which is extremely bearish short term. Due to this, bears could push the price action down towards to around $8.20 area. However, If Polkadot bulls can...
Price overlapping makes me to think that we still are into wave 1 a leading diagonal. If so, I expect the next support level to be the 0.382 - 0.5 Fib. retracement of wave ((3)).